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Wrap Technologies WRAP Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

ROC
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$51.98K+129%
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Other financials

Income statement

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Revenue$1.1M+45.2%
Gross profit$691.0K+16.1%
Operating income-$4.8M-21.6%
Net income-$4.5M-4,265%
EPS (diluted)-$0.09

Balance sheet

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Cash & equivalents$7.3M+17.7%
Total debt$459.0K-78.4%
Total equity$14.4M+462%
Total assets$16.7M-7.0%

Cash flow

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Operating cash flow-$1.2M+59.4%
CapEx$5.0K+150%
Free cash flow-$1.3M+59.3%

Valuation

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Market cap$71.9M-5.9%
Enterprise value$65.1M-12.3%
P/S14.3×-9.3×

Profitability

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Gross margin55.7%-2.9pp
Operating margin-285.6%-64.9pp
Net margin-298.6%+3,778pp
FCF margin-170.8%-24.7pp

Returns & leverage

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Return on equity-176.3%+10.5pp
Debt / equity-0.8×
Current ratio7.6×+6.6×

Where this comes from

Reported directly by Wrap Technologies in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

The official record: Wrap Technologies’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wrap Technologies's increase (decrease) in prepaid expense and other assets?
Wrap Technologies (WRAP) reported increase (decrease) in prepaid expense and other assets of $380K in Q1 2026.
How has Wrap Technologies's increase (decrease) in prepaid expense and other assets changed year-over-year?
Wrap Technologies's increase (decrease) in prepaid expense and other assets decreased by 5.9% year-over-year, from $404K to $380K.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks the change in payments made in advance for goods or services to be received in future periods. Fluctuations in this balance reflect changes in the company's timing of cash outflows for operational necessities like insurance, software licenses, or marketing contracts. It provides insight into the company's near-term cash commitments and working capital usage.